The Federal Reserve effectively said, we’re going to keep the punch bowl out, and keep whatever you make of this “recovery party” going.
The hope, of course, is all this buying of Treasury notes and bonds helps already low interest rates, go even lower. This is the third time the Fed has gone to this financial wishing well.
Frankly it’s getting old, but for now, Bernanke and company are the only game in town, and for the markets, the only hope they have. They’re not seeing much leadership out of the White House and Congress.
Nancy Pelosi famously said “We have to pass the bill so you can find out what is in it.” Well that 2,700 page bill she was referring to was passed three years ago and everyone is finally starting feel what’s in it and what’s in it is a complete disaster.
Let’s face it, ObamaCare is destroying our healthcare system in ways you can’t even begin to fathom. Since 2011 Republicans have had multiple opportunities to de-fund ObamaCare and have done nothing, Dr. Ben Carson sat down with Neil Cavuto and discussed how disastrous ObamaCare really is for Americans.
Footage from surveillance cameras along the Boston Marathon route gave the FBI early clues about the bombing suspects. And prosecutors say they'll use some of those images to try to prove their criminal case against 19-year-old Dzhokhar Tsarnaev. But the proliferation of cameras in America's big cities is raising some tricky questions about the balance between security and privacy.
"It goes back to the Constitution, It was part and parcel of the Fourth Amendment right to be free of unreasonable searches and seizures. We've always expressed a strong constitutional preference for privacy, for not giving the government unbridled authority, even to protect us."
Rep. Adam Schiff, D-Calif., a member of the House Intelligence Committee
In Congress, a bipartisan bill that would require law enforcement officials to obtain warrants before deploying drones for surveillance in criminal cases has been introduced.
State legislatures from all over the country have been ratcheting up tensions surrounding UAVs.
Bills on domestic surveillance drones have already been introduced by many states including Maine, Virginia, Florida, Montana, Missouri, Nebraska, North Dakota, Oklahoma, Oregon and Texas. (Florida, Virginia and Montana appear to be in the lead for turning bans into law.)
Charlottesville, Virginia, grabbed headlines passing its two-year moratorium on both police drone use in criminal investigations and on arming drones with less-lethal weapons.
More than two years in advance of the scheduled ban lift, 10 states have already passed, or introduced, bills restricting law enforcement’s use of drones. It looks like even more states will follow suit.
In theory, as the DHS website describes it, the Secretary of Homeland Security “may designate a foreign country for TPS due to conditions in the country that temporarily prevent the country’s nationals from returning safely, or in certain circumstances, where the country is unable to handle the return of its nationals adequately.” Those conditions include hurricanes, environmental catastrophes, civil war, epidemics and other “extraordinary and temporary conditions.”
The U.S. allows illegal aliens from TPS-designated countries to live here, work here, be protected from detention or deportation, and travel freely. It’s essentially a bad-weather pass into the U.S. Whenever a natural disaster strikes, we allow legions of foreigners who entered illegally — mostly from Latin America — to stay here while their homelands recover.
In the meantime, TPS winners can apply for a panoply of other immigration benefits and protections and file for “adjustment of status” to pave the way to permanent legalization. In fact, the official draft application for ObamaCare lists “Temporary Protected Status (TPS) and Applicant for Temporary Protected Status (TPS)” as an “eligible immigration status.”
Kate Obenshain is a conservative political commentator and Vice President of Young America's Foundation. WASHINGTON (AP) — President Barack Obama brushed off a Republican plan Tuesday (2-26-2013) to give him flexibility to allocate $85 billion in looming spending cuts, wanting no part of a deal that would force him to choose between the bad and the terrible.
"These cuts are wrong. They're not smart, they're not fair. They're a self-inflicted wound that doesn't have to happen," Obama said at Newport News, VA (2/26/13) What he did not say was that 'Sequestration was his idea and was signed and passed into law by him.
Tuesday morning (2-19-13), President Obama pitched a plea to Congress to avoid sequestration on March 1st. The president said the series of automatic spending cuts “won’t grow the economy, won’t create jobs, and will put hardship on a whole lot of people.”
Fox News contributor Michelle Malkin reacted to President Obama calling on Congress to come together against this “meat-cleaver” approach. She said on Your World, “This is the court jester of sequester. I think that this press conference was a national embarrassment.”
Dr. Ben Carson, director of Pediatric Surgery at Johns Hopkins University, recently criticized health care spending in front of President Obama during his keynote address at the Annual National Prayer Breakfast. Critics, however, came out swinging after his remarks, saying that Dr. Carson made the comments as he showboated for a special occasion.
“There’s no question that [President Obama] has advocated, you know, basically a policy of ‘tax the rich,’” said Carson. “I have advocated a policy that comes from the Bible, which is a very fair policy of proportional taxation. If it was good enough for God, why wouldn’t it be good enough for us? The minute you deviate away from that, you begin to get into all kinds of biases.”
These are some of Barack Obama's 'Rich' who will pay more in 'Obama' Payroll Taxes.
Yearly Salary:
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$15,000 = $33 a Month in NEW Payroll Taxes
$20,000 = $42 a Month in NEW Payroll Taxes
$25,000 = $50 a Month in NEW Payroll Taxes
$30,000 = $50 a Month in NEW Payroll Taxes
$35,000 = $58 a Month in NEW Payroll Taxes
$40,000 = $67 a Month in NEW Payroll Taxes
$45,000 = $75 a Month in NEW Payroll Taxes
$50,000 = $83 a Month in NEW Payroll Taxes
Out-of-state students to pay 58% more than illegals at MSCD as the school attempts to 'reach out' to the Latino community of illegal students. Daily Caller Reporter, Michelle Fields sits down with FNC's Neil Cavuto as they discuss the reasons behind this obviously unfair tuition discount rate for students who are here illegally in this country.